PEHLIMED: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PEHLIMED
Largest movements
- Receivables within one year +€43,769
up €43,769 (+1799.3%), from €2,432 to €46,201
of which Other amounts receivable: +€43,769
- Receivables after one year +€23,800
up €23,800 (+2.8%), from €838,036 to €861,836
- Other debts -€223,600
down €223,600 (-49.3%), from €453,761 to €230,161
- Profit (loss) carried forward +€191,793
up €191,793, from -€8,779 to €183,014
- Tax, wage and social debts +€81,721
up €81,721 (+73.6%), from €110,977 to €192,697
of which Taxes: +€74,024
- Trade debts +€28,697
up €28,697 (+66.3%), from €43,275 to €71,972
- Debts after one year -€12,301
down €12,301 (-58.5%), from €21,019 to €8,718
- Gross operating margin +€108,503
up €108,503 (+29.9%), from €363,397 to €471,901
- Staff costs +€97,978
up €97,978 (+79.0%), from €124,078 to €222,056
- Other operating charges -€31,612
no longer reported in 2024 (was €31,612)
- Financial income +€24,450
up €24,450 (+778664.0%), from €3 to €24,453
- Taxes +€6,146
up €6,146 (+10.5%), from €58,712 to €64,858
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €895,905 | €958,147 | +€62,242 | +6.9% |
| Fixed assets | 21/28 | €51,825 | €44,486 | -€7,339 | -14.2% |
| Tangible fixed assets | 22/27 | €44,300 | €36,961 | -€7,339 | -16.6% |
| Plant, machinery and equipment | 23 | €1,585 | €3,040 | +€1,454 | +91.8% |
| Furniture and vehicles | 24 | €12,308 | €11,607 | -€702 | -5.7% |
| Leasing and similar rights | 25 | €9,942 | €6,874 | -€3,068 | -30.9% |
| Other tangible fixed assets | 26 | €20,464 | €15,441 | -€5,023 | -24.5% |
| Financial fixed assets | 28 | €7,525 | €7,525 | = | 0.0% |
| Current assets | 29/58 | €844,080 | €913,661 | +€69,581 | +8.2% |
| Amounts receivable after more than one year | 29 | €838,036 | €861,836 | +€23,800 | +2.8% |
| Other amounts receivable | 291 | €838,036 | €861,836 | +€23,800 | +2.8% |
| Amounts receivable within one year | 40/41 | €2,432 | €46,201 | +€43,769 | +1799.3% |
| Trade receivables | 40 | €2,432 | €2,432 | = | 0.0% |
| Other amounts receivable | 41 | - | €43,769 | +€43,769 | |
| Cash at bank and in hand | 54/58 | €211 | €2,392 | +€2,181 | +1033.7% |
| Deferred charges and accrued income | 490/1 | €3,401 | €3,232 | -€169 | -5.0% |
| Total equity and liabilities | 10/49 | €895,905 | €958,147 | +€62,242 | +6.9% |
| Equity | 10/15 | €249,123 | €440,915 | +€191,793 | +77.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €245,501 | €245,501 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €243,641 | €243,641 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,779 | €183,014 | +€191,793 | |
| Amounts payable | 17/49 | €646,782 | €517,232 | -€129,550 | -20.0% |
| Amounts payable after more than one year | 17 | €21,019 | €8,718 | -€12,301 | -58.5% |
| Financial debts | 170/4 | €21,019 | €8,718 | -€12,301 | -58.5% |
| Amounts payable within one year | 42/48 | €624,381 | €507,132 | -€117,249 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €12,230 | €12,301 | +€71 | +0.6% |
| Financial debts | 43 | €4,139 | - | -€4,139 | |
| Credit institutions | 430/8 | €4,139 | - | -€4,139 | |
| Trade debts | 44 | €43,275 | €71,972 | +€28,697 | +66.3% |
| Suppliers | 440/4 | €43,275 | €71,972 | +€28,697 | +66.3% |
| Taxes, remuneration and social security | 45 | €110,977 | €192,697 | +€81,721 | +73.6% |
| Taxes | 450/3 | €89,215 | €163,238 | +€74,024 | +83.0% |
| Remuneration and social security | 454/9 | €21,762 | €29,459 | +€7,697 | +35.4% |
| Other amounts payable | 47/48 | €453,761 | €230,161 | -€223,600 | -49.3% |
| Accrued charges and deferred income | 492/3 | €1,383 | €1,383 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €124,078 | €222,056 | +€97,978 | +79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,419 | €14,335 | -€1,084 | -7.0% |
| Other operating charges | 640/8 | €31,612 | - | -€31,612 | |
| Gross operating margin | 9900 | €363,397 | €471,901 | +€108,503 | +29.9% |
| Operating profit (loss) | 9901 | €192,289 | €235,510 | +€43,221 | +22.5% |
| Financial income | 75/76B | €3 | €24,453 | +€24,450 | +778664.0% |
| Recurring financial income | 75 | €3 | €24,453 | +€24,450 | +778664.0% |
| Financial charges | 65/66B | €3,129 | €3,313 | +€183 | +5.9% |
| Recurring financial charges | 65 | €3,129 | €3,313 | +€183 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €189,163 | €256,651 | +€67,488 | +35.7% |
| Income taxes | 67/77 | €58,712 | €64,858 | +€6,146 | +10.5% |
| Profit (loss) for the period | 9904 | €130,450 | €191,793 | +€61,342 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €130,450 | €191,793 | +€61,342 | +47.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.